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Media Release: Expensive climate policies have "no effect on emissions" – report

Wellington (Tuesday, 22 March 2022) – New Zealand is already on track to its emissions targets and the government’s new climate change policies will have almost no effect on emissions, says a new report by public policy think tank The New Zealand Initiative. The report, Pretence of Necessity by Senior Economist Matt Burgess, shows that existing policies are enough and further policies are optional but not necessary to reach net zero emissions by 2050. Read more

Media release
21 March, 2022
Matt Burgess v8

Podcast: Energy and emissions in 2022

2022 will be an important year for the Government as it decides upon energy and emissions policies. Matt Burgess joins Ben Craven to talk about three of the important developments we can expect to see: • The effects of a $75 ETS price; • The Government’s Emissions Reduction Plan; and • The business case for the proposed Lake Onslow Battery scheme. Read more

Podcast
1 February, 2022
Matt Burgess v7

Podcast: The Government’s Emissions Reduction Plan

Matt Burgess talks to Ben Craven about his latest NZ Herald column and submission on the Government’s Emissions Reduction Plan. Matt explains why most government policy interventions in the name of climate change cannot reduce emissions as they are already under New Zealand’s emissions cap. Read more

Podcast
29 November, 2021

Media release: Climate of fear: How the Reserve Bank is overstepping its mandate

Wellington (Tuesday, 9 November 2021) The Reserve Bank of New Zealand (RBNZ) has no legal or democratic mandate for climate change, says a new report from think tank The New Zealand Initiative. Climate of fear: How the Reserve Bank is overstepping its mandate documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. Read more

Media release
9 November, 2021
Tree v3

Climate of distraction

This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more

Insights Newsletter
5 November, 2021

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